OREANDA-NEWS  The departments of the two countries are discussing the creation of a joint bank as an option to solve the problem with transfers that arose in early 2024 amid the threat of secondary US sanctions. This is reported by RIA Novosti with reference to a source in the Turkish banking sector.

It is noted that this possibility is called "one of the points", but so far the parties have not come to any specifics. According to the agency, the situation can also be discussed at the highest level, during the expected visit of Russian President Vladimir Putin to Turkey in the near future.

Earlier, Ekonomim reported that since January 1, money transfers between the countries have almost stopped, and exporters in Turkey are waiting for urgent decisions to continue trading. Later it became known that banks there began to close accounts of Russian companies and tightened requirements for ordinary citizens from Russia intending to open a card in the country.

According to Kremlin spokesman Dmitry Peskov, the parties are now looking for a solution, and the reason for the problems was the "unprecedented, undisguised and aggressive pressure" exerted on Turkish companies by the United States. According to analysts, some credit institutions have now started accepting transfers from Russia, but "it cannot be said that a change in the policy of several Turkish banks has corrected the situation."